Bolsonaro is on trial before Brazil’s Supreme Court on charges of plotting a coup to stop President Luiz Inacio Lula da Silva from taking office in January 2023

Brazilian state-run oil firm Petrobras may redirect the oil it sells to the United States, sending more to Asia and Pacific markets due to higher tariffs the U.S. announced on Brazil, its chief executive told Reuters on Thursday.

Brazil is Florida’s biggest international trading partner for buying what the Sunshine State sells, and tariffs might make orange juice prices soar.

Frozen concentrate orange juice futures have risen about 25% since President Trump said late Wednesday that he would impose 50% tariffs on imports from Brazil starting next month. Orange juice fut

President Trump's planned 50% tariffs on Brazilian imports starting August 1 could significantly increase your household expenses. In addition, Brazilian President Lula promises matching retaliation that may hurt American workers and businesses.

Donald Trump has proposed huge levies on Brazil, prompting an outspoken response from the CEO of Embraer, which builds vital regional airliners.

Brazil will work to get the United States to reverse 50% tariffs on Brazilian goods before they are set to take effect on August 1, Vice President Geraldo Alckmin said on Tuesday.

Nobel Prize-winning economist Paul Krugman believes tariffs President Trump has threatened to impose on countries, including Mexico and Brazil, are here to stay and will cost U.S. consumers.